Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
-5.57%
trims when stocks drop
when a holding falls −10%+
Middle response
-7.13%
baseline attrition
Rally response
+1.93%
adds into rallies
when a holding rises +10%+
Top positions · 30
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| — | $1.47B | 63.3% | — | 0.8 yr |
| GOOGLAlphabet Inc. | $67M | 2.9% | — | 9.3 yr |
| BRK-ABerkshire Hathaway Inc. | $65M | 2.8% | — | 10.5 yr |
| NVDANVIDIA Corporation | $53M | 2.3% | +60.9% | 3.3 yr |
| MSFTMicrosoft Corporation | $41M | 1.7% | -0.6% | 10.5 yr |
| JNJJohnson & Johnson | $37M | 1.6% | +51.5% | 10.5 yr |
| AAPLApple Inc. | $25M | 1.1% | +14.7% | 10.0 yr |
| JPMJPMorgan Chase & Co. | $25M | 1.1% | +21.8% | 5.8 yr |
| VVisa Inc. | $23M | 1.0% | -13.1% | 10.5 yr |
| AMZNAmazon.com, Inc. | $23M | 1.0% | +9.5% | 8.3 yr |
| PMPhilip Morris Internatio | $21M | 0.9% | +7.9% | 10.5 yr |
| CVXChevron Corporation | $21M | 0.9% | +29.2% | 2.3 yr |
| EWEdwards Lifesciences Cor | $20M | 0.9% | +10.5% | 2.5 yr |
| VLOValero Energy Corporatio | $19M | 0.8% | +92.6% | 6.5 yr |
| AEMAgnico Eagle Mines Limit | $19M | 0.8% | +89.2% | 3.0 yr |
Portfolio composition (YoY)
Industry mix
Unknown63.3%+63.2pp$1.47B
Internet Content & Information4.0%-3.6pp$94M
Semiconductors3.6%-1.7pp$83M
Insurance - Diversified2.8%-10.6pp$65M
Software - Infrastructure2.1%-7.5pp$48M
Drug Manufacturers - General1.8%-0.5pp$42M
Financial - Credit Services1.5%-5.5pp$36M
Medical - Devices1.1%-0.9pp$27M
Banks - Diversified1.1%-3.5pp$25M
Consumer Electronics1.1%-0.3pp$25M
Country
Unknown63.3%+63.2pp
US33.1%-52.8pp
IE1.1%-1.0pp
CA0.8%-5.9pp
TW0.6%-1.6pp
IT0.5%
CN0.4%-0.7pp
IL0.2%-0.9pp
Top 5: 73.0% · Top 10: 78.7% · Top 25: 89.3%
Top buys this quarter · 15
| META Meta Platforms, Inc. | +$17M |
| COP ConocoPhillipsnew | +$16M |
| BA The Boeing Company | +$11M |
| AER AerCap Holdings N.V. | +$8M |
| KEY KeyCorp | +$8M |
| EW Edwards Lifesciences Corporati | +$6M |
| FDX FedEx Corporationnew | +$6M |
| BSX Boston Scientific Corporation | +$5M |
| INTU Intuit Inc. | +$5M |
| GOOG Alphabet Inc. | +$5M |
Top sells this quarter · 15
| MSFT Microsoft Corporation | −$14M |
| TKO TKO Group Holdings, Inc. | −$14M |
| NFLX Netflix, Inc.exit | −$14M |
| TSM Taiwan Semiconductor Manufactu | −$12M |
| NEM Newmont Corporation | −$11M |
| EA Electronic Arts Inc. | −$10M |
| ACM Aecomexit | −$10M |
| WMT Walmart Inc. | −$9M |
| TOTB.DE TotalEnergies SEexit | −$9M |
| GM General Motors Company | −$8M |
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $2.33B | 96 | +19.04% | +17.59% | +1.45% | +0.20B |
| 2025-12-31 | $2.32B | 96 | +24.64% | +17.72% | +6.92% | +0.08B |
| 2025-09-30 | $2.22B | 97 | +32.46% | +17.52% | +14.94% | +1.54B |
| 2025-06-30 | $609M | 74 | +24.26% | +14.94% | +9.31% | -0.02B |
| 2025-03-31 | $540M | 74 | +11.97% | +8.30% | +3.67% | +0.10B |
| 2024-12-31 | $453M | 74 | +27.61% | +24.89% | +2.73% | -0.04B |
| 2024-09-30 | $458M | 75 | +29.45% | +36.04% | -6.59% | -0.21B |
| 2024-06-30 | $645M | 71 | +20.34% | +24.49% | -4.15% | -0.08B |
| 2024-03-31 | $694M | 73 | +19.90% | +29.62% | -9.72% | -0.03B |
| 2023-12-31 | $657M | 71 | +15.30% | +26.18% | -10.88% | +0.09B |
| 2023-09-30 | $518M | 69 | +16.59% | +21.57% | -4.98% | +0.13B |
| 2023-06-30 | $404M | 65 | +14.25% | +19.42% | -5.18% | -0.01B |
| 2023-03-31 | $393M | 73 | -5.24% | -7.82% | +2.57% | +0.07B |
| 2022-12-31 | $308M | 72 | +9.93% | +7.56% | +2.37% | +0.03B |
| 2022-09-30 | $252M | 77 | -5.39% | -4.93% | -0.46% | -0.01B |
| 2022-06-30 | $282M | 97 | -13.64% | -16.11% | +2.47% | -0.03B |